15th Annual Report for FY 2025-26 submitted; AGM on August 14, 2026
NIBL · price
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NRB Industrial Bearings filed its 15th Annual Report for FY 2025-26. The 15th AGM is scheduled for August 14, 2026 via video conferencing. Key items include adoption of audited standalone and consolidated financial statements, re-appointment of CMD Mr. Devesh Singh Sahney, approval of related party transaction limits of Rs 50 crore each with NRB-IBC Bearings and NIBL-Korta Engineering, revision in remuneration of related party Ms. Mallika Sahney up to Rs 2 crore per annum, and revision in CMD remuneration up to Rs 20 crore per annum for October 2026 to September 2027. Company reported 17 percent growth over previous year.
Routine annual filing; shareholders will vote on related party transactions and CMD remuneration at the AGM on August 14, 2026.